INDIAN BANKVerified Feb 2026

INDIAN BANK IFSC Code – NEW PANVEL, PANVEL

Complete bank details including IFSC code, MICR code, address and payment facilities for NEW PANVEL branch.

IFSC Code
IDIB000N120

Bank Details

Bank NameINDIAN BANK
Branch NameNEW PANVEL
IFSC CodeIDIB000N120
MICR Code400019060
AddressFLAT NO. 1 & 2, DAFFODILS , BUILDING,PANVEL-MATHERAN ROAD, SECTOR -12, PLOT NO.24, NEW PANVEL , NAVI MUMBAI, RAIGAD, MAHARASHTRA 410206
CityPANVEL
DistrictRAIGAD
StateMAHARASHTRA
Contact0

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IDIB000N120

The IFSC code IDIB000N120 uniquely identifies the NEW PANVEL branch of INDIAN BANK located in PANVEL, MAHARASHTRA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code IDIB000N120

  • First 4 characters (IDIB) – Represents INDIAN BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (00N120) – Unique branch identifier for NEW PANVEL

How to Use IFSC Code IDIB000N120

To transfer money to any account at INDIAN BANK NEW PANVEL branch, you will need to provide the IFSC code IDIB000N120 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at NEW PANVEL

  • NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
  • RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
  • IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
  • UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID

About INDIAN BANK NEW PANVEL Branch

INDIAN BANK NEW PANVEL is a branch of INDIAN BANK located in PANVEL, MAHARASHTRA. The branch provides comprehensive banking services to customers in PANVEL and surrounding areas.

Branch Address

FLAT NO. 1 & 2, DAFFODILS , BUILDING,PANVEL-MATHERAN ROAD, SECTOR -12, PLOT NO.24, NEW PANVEL , NAVI MUMBAI, RAIGAD, MAHARASHTRA 410206, PANVEL, MAHARASHTRA

Services Available

This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).

MICR Code Information

The MICR (Magnetic Ink Character Recognition) code for this branch is 400019060. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.

Important Information

Transfer Timings

  • NEFT: 24x7, 365 days (Settled in half-hourly batches)
  • RTGS: 24x7, 365 days (Real-time for ₹2L+)
  • IMPS: 24x7, 365 days (Instant)
  • UPI: 24x7, 365 days (Instant)

Verification Tips

  • Always verify IFSC code before transferring money
  • Cross-check with bank passbook or cheque book
  • IFSC codes may change after bank mergers
  • Contact branch for latest information

Frequently Asked Questions

What is the IFSC code of INDIAN BANK NEW PANVEL?

The IFSC code of INDIAN BANK NEW PANVEL branch in PANVEL is IDIB000N120.

What is the MICR code of INDIAN BANK NEW PANVEL?

The MICR code of INDIAN BANK NEW PANVEL branch is 400019060.

What is the address of INDIAN BANK NEW PANVEL?

INDIAN BANK NEW PANVEL branch is located at FLAT NO. 1 & 2, DAFFODILS , BUILDING,PANVEL-MATHERAN ROAD, SECTOR -12, PLOT NO.24, NEW PANVEL , NAVI MUMBAI, RAIGAD, MAHARASHTRA 410206.

Does INDIAN BANK NEW PANVEL support NEFT/RTGS/IMPS?

INDIAN BANK NEW PANVEL branch supports NEFT, RTGS, IMPS, and UPI transactions.